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Houston we Have a Problem

Houston we Have a Problem

Hurricanes, despite appearing with increasing…

Bearish Risks Remain Despite a Tight Oil Market

Bearish Risks Remain Despite a Tight Oil Market

The larger-than-anticipated inventory draw is…

Energy

Oil Rig Count Jumps as Drilling Activity Picks Up

Jul 26, 2024 at 12:09 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total…

Canada Set To Delay Trans Mountain Pipeline Sale After 2025 Election

Jul 26, 2024 at 10:59 | Charles Kennedy

  Canada’s federal government plans to postpone the sale of the state-owned Trans Mountain oil pipeline for after the 2025 general election amid politics, regulations, and slow progress in talks…

Volatility Dominates Oil Markets Amid Mixed Signals

Jul 26, 2024 at 09:33 | Michael Kern

It's been a volatile week in oil markets as concerns over Chinese demand pressured prices despite a decline in U.S. crude inventories and wildfires in Canada.

U.S. is Facing a Major Energy Crunch Due to AI's Insatiable Demand

Jul 26, 2024 at 08:41 | Haley Zaremba

To date, the runaway growth of the Artificial Intelligence agency has proven itself to be all but ungovernable. As the technology has taken over the tech sector like…

Goldman Sachs: Next President Will Have Limited Tools to Raise U.S. Oil Supply

Jul 26, 2024 at 07:13 | Tsvetana Paraskova

The next U.S. president will have a very limited set of tools to materially boost oil supply in the United States, according to investment bank Goldman Sachs. Whoever…

OPEC Oil Reserves in Decline

Jul 26, 2024 at 06:57 | Editorial Dept

1. US Becomes Europe’s Leading Diesel Supplier- US diesel exports to…

A Volatile Week for Oil Prices

Jul 26, 2024 at 04:44 | Editorial Dept

Oil Market Rollercoaster: A Week of Twists and Turns The crude oil market experienced a turbulent week, with prices oscillating as traders weighed economic data, global events, and supply-demand shifts.…

Palestinian Political Factions Agree to Reconciliation Government

Jul 26, 2024 at 04:42 | Editorial Dept

Politics, Geopolitics & Conflict Palestinian factions Hamas and Fatah have signed a declaration for the formation of a joint government in talks mediated by Beijing this week. The two factions…

How to Prepare Your Portfolio for a Harris Victory

Jul 26, 2024 at 04:38 | Editorial Dept

It has often been said that a week is a long time in politics, but the last few weeks in American politics have each seemed like decades in terms of…

A Critical Election Looms for Venezuela

Jul 26, 2024 at 04:37 | Editorial Dept

As of the time of writing, the most likely outcome of Sunday elections in Venezuela is impossible to predict. All indications are that the opposition is gaining momentum…

3 Solar Stocks To Watch as Earnings Season Starts

Jul 25, 2024 at 16:56 | Alex Kimani

The clean energy sector is trudging through a bearish stretch with high interest rates, low power prices, and uncertainty around U.S. climate policy taking a toll on renewable energy stocks.…

Venezuela Has a Natural Gas Problem

Jul 25, 2024 at 11:47 | Charles Kennedy

Sitting on the world's largest oil reserves, Venezuela is mostly known as a crude producer—and a very troubled one. However, it also has significant gas reserves that it has been…

Rystad: OPEC's Oil Reserves are Much Lower Than Officially Reported

Jul 25, 2024 at 11:02 | Rystad Energy

Rystad Energy’s latest research shows global recoverable oil reserves held largely steady at around 1,500 billion barrels, down some 52 billion barrels from our 2023 analysis. Of this year-over-year decrease,…

Coal Share of China's Power Output Drops to Record Low

Jul 25, 2024 at 09:49 | Tsvetana Paraskova

Despite continued growth in coal-fired power generation, China reached a momentous milestone in clean energy in the first half of the year, as rising hydropower, solar, and wind output pushed…

U.S. Hits Record High Electricity Generation From Natural Gas

Jul 25, 2024 at 08:42 | Julianne Geiger

On July 9, 2024, U.S. power plant operators in the Lower 48 states generated 6.9 million MWh of electricity from natural gas, marking a record high since the collection of…

What Would the Re-Election of Trump Mean for U.S. Energy?

Jul 25, 2024 at 08:32 | Felicity Bradstock

With Donald Trump back in the presidential race, many are wondering what his winning would mean for the U.S. energy sector following three yeas of strong climate policies…

Tajikistan's Debt Crisis Risk Tied to Rogun Dam, World Bank Cautions

Jul 25, 2024 at 08:27 | Eurasianet

A new World Bank report gives Tajikistan passing grades for its present economic performance but cautions that an excessive state role in the…

Grid-Enhancing Technologies: The Answer to Growing Power Needs?

Jul 25, 2024 at 08:23 | ZeroHedge

Authored by Andrew Phillips via RealClearEnergy, The rise of AI data centers, growing electrification, and industrial growth is heralding a new era of U.S. power…

Centrica's Profits Decline Amid Return to Market Normalcy

Jul 25, 2024 at 08:21 | City A.M

The owner of British Gas, Centrica, has blamed “normalising” market conditions after two years of bumper results for its heavy slide in profit…

Oil Prices Tank on Fears China’s Rate Cuts Herald Demand Weakness

Jul 25, 2024 at 06:03 | Charles Kennedy

Oil prices were trading down nearly 2% in early-morning trading on Thursday, with markets attempting to digest the impact of lagging Chinese consumption on other positive U.S. inventory…

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